310 N Chippewa St,Shepherd,MI,48883

Investment Highlights

Investment property for sale in Shepherd at 310 N Chippewa St, Shepherd, MI, 48883 offers a 9.22% rental yield on a $115,000 purchase with $884/mo rent. Total monthly income registers $884/mo, and a $563/mo payment leaves $126/mo available for distribution. Annual cash flow reaches $1,506/yr on $38,123 to close, and return on cash invested stands at 23.86% in year one. Equity gained on principal adds $742/yr while 5% annual appreciation supports $31,772 over five years. Portfolio math shows five-year ROI at 124.61% and total cumulative return in cash at $47,505. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $884/mo property income against a $563/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.